PAI Partners and ADIA Acquire Majority Stake in Alvest
January 31, 2025
PAI Partners, together with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), has acquired a majority stake in Alvest, the global leader in airport Ground Support Equipment (GSE). Ardian retains a minority stake alongside the company's founders and management; the investment will support Alvest's expansion, accelerate the transition to electric GSE and grow its product and service offering worldwide.
- Buyers
- PAI Partners, Abu Dhabi Investment Authority (ADIA)
- Targets
- Alvest
- Sellers
- CDPQ, Sagard
- Industry
- Aerospace & Defense
- Location
- France
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
PAI Partners Acquires Majority Stake in Uvesco
December 22, 2021
Retail
PAI Partners, via its PAI Mid-Market Fund, has signed an agreement to acquire a majority stake in Uvesco from the company’s current shareholders. The investment will support Uvesco’s organic store rollout and M&A-driven expansion across Northern Spain and Madrid while keeping the company headquartered in Guipúzcoa.
-
PAI Partners to Acquire Majority Stake in Infra Group
July 6, 2023
Infrastructure
PAI Partners has agreed to acquire a majority stake in Infra Group, a Belgium-headquartered multi-disciplinary network infrastructure services provider. The investment will make PAI the largest shareholder alongside existing investors ICG, Andera Partners and the management team, and will support Infra Group's growth strategy to accelerate expansion organically and via complementary acquisitions.
-
Comvest Partners Invests in GAI Consultants
October 13, 2022
Engineering Services
Comvest Partners announced a strategic private equity investment in GAI Consultants, partnering with GAI's leadership team and existing employee-owners; financial terms were not disclosed. The investment will support GAI's growth as a platform company — enabling nationwide expansion through strategic acquisitions, operational innovation, and leadership development while GAI's CEO Gary M. DeJidas remains in place.
-
Phoenix Equity Partners Acquires Majority Stake in Ava Global
August 17, 2021
Logistics & Distribution
Phoenix Equity Partners has exchanged contracts to acquire a majority stake in Ava Global Limited from parent company Ava Risk Group (ARG), investing alongside founders Chris Fergus and James Alston. The UK-based specialist secure-logistics provider will receive capital to invest in people, technology and offices to support continued rapid international growth and establishment as an independent business.
-
PAI Partners to Invest in Apave Group
May 25, 2021
Industrial Services
PAI Partners has entered into exclusive negotiations to become a shareholder in Apave Group alongside GAPAVE, supporting Apave's development and external growth strategy. The investment will help finance international expansion, M&A and a sustainable transformation as Apave aims to accelerate its roadmap to become a global leader in the testing, inspection and certification (TIC) market.
-
ProA Capital Acquires 70% Stake in Avioparts
September 7, 2023
Logistics & Distribution
Spanish private equity firm ProA Capital has agreed to acquire roughly 70% of Avioparts, a distributor of aircraft components, lubricants and logistics solutions, in a deal that values the company at about €40 million. The transaction is structured as a share purchase plus a capital increase to support Avioparts’ organic and inorganic growth; founder David Fojon will remain CEO and a minority shareholder.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.